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Dollar General 2677 Highway 267 S Searcy AR 10,640 SF Retail Building Searcy, AR 72143 $2,711,172 CAD ($254.81 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Long-term lease with 13+ years remaining
- Approximately 45 miles north of Little Rock, the capital of Arkansas
- 5% rental increases every five years (next on 7/1/2029)
- Located in Searcy, a micropolitan area with approximately 80,000 people
- Affluent surrounding area with average annual household income of $125,000 within three miles
- New construction store that opened in Summer 2024
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Year Built
2024
Price
$2,711,172 CAD
Price Per SF
$254.81 CAD
Cap Rate
6.40%
NOI
$173,516 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.20 AC
Zoning
C - Commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- -
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | - |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 001-11503-000 | Improvements Assessment | $7,207 CAD |
| Land Assessment | $4,730 CAD | Total Assessment | $11,937 CAD |
Property Taxes
Parcel Number
001-11503-000
Land Assessment
$4,730 CAD
Improvements Assessment
$7,207 CAD
Total Assessment
$11,937 CAD
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Dollar General | 2677 Highway 267 S Searcy AR
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